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TURN8 forms new venture capital fund for tech innovation

  Dubai / Emirates Business Dubai-based TURN8 has launched $60 million Venture Capital Fund for technology innovation. TURN8 Innovation Fund I L.P. makes TURN8 one of the largest providers of seed capital in the region catering to the global startup eco system. Kamal Hassan, General Partner, TURN8 said, “This strategic move comes from witnessing a major gap in the market ...

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Taiwan Asia’s hottest investment destination

  Bloomberg Global investors can’t get enough of Taiwan. Overseas funds poured $5.4 billion into the island’s equities last month, taking inflows for the year to $11.6 billion and making Taiwan the most popular destination for investors among nine Asian markets tracked by Bloomberg. That’s helped send both the benchmark stock gauge and the currency to one-year highs. Fueling gains ...

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India’s green version of ‘jumbo idol’

  AFP When Indian artist Dattadri Kothur saw the pollution caused by an annual Hindu tradition of immersing elaborately decorated idols of the elephant-headed god Ganesha in the sea, he decided to do something about it. The 30-year-old has come up with an environmentally friendly alternative that will make its debut during this year’s festival in the western city of ...

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